Posts Tagged
reservation fees
Bill Prohibits Reservation Fees on Subdivision Lots, Condos
Manila, Philippines—Masbate Rep. Scott Davies Lanete has filed House Bill 5964, which bans reservation fees on subdivision lots and condominium units to ensure the protection of prospective buyers, according to a statement released by the House of Representatives. The bill amends “The Subdivision and Condominium Buyers’ Protective Decree,” which regulates